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Sagot :
Answer: A spike in food prices due to a drought
Reduction in oil prices reduces aggregate production cost and consequently shift the aggregate supply curve to the right
A rising government spending shifts aggregate demand but does not affect aggregate supply
Investor confidence may raise investment and shipped aggregate demand however it will not shift aggregate supply
Reduction in oil prices reduces aggregate production cost and consequently shift the aggregate supply curve to the right
A rising government spending shifts aggregate demand but does not affect aggregate supply
Investor confidence may raise investment and shipped aggregate demand however it will not shift aggregate supply
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